Of course, that's the theoretical maximum you get. Unless the company does to the second counting, "a minute" is anywhere between 0 seconds and 60 seconds, so the actual total could be less - e.g., make 500 one second phone calls and you might be out $100!

Most people can think their way through the steps to do this calculation in their head.

THINK: 20 cents for 1 minute, this upscales to 1 dollar for 5 minutes. You might simply think, "one fifth of a dollar for 1 minute, five times that is 1 dollar for 5 minutes." The ratio is the same.Next understand that 100 dollars is 100 times larger than for 1 dollar. Just multiply the "5 minutes" the corresponding factor of 5.

How much does each text message cost if I get 250 text messages a month for $5?

is that 0.02 cents each or something?

In other wording, you ask, "how many dollars for one text message?".
Simple ratio, and convenient numbers. 5.00 Dollars for 250 messages. You can divide by 5 as simple mental computation. What is that? Your turn!

You said to divide 250 by 5 and that comes out to 50. I think you're supposed to divide 5 by 250 though which comes out to 0.02 cents. Why are you asking me for the answer when Im asking you? lol I already said my answer was 0.02 from the beginning but I wanted confirmation that I was right so I know for sure.